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LEM.V ·

T +1 604 685 9316 | leadingedgematerials.com

Corporate Updates

NEWS RELEASE October 16, 2017

LEADING EDGE MATERIALS CORP.

1305 – 1090 West Georgia Street, Vancouver, BC, V6E 3V7

T +1 604 685 9316 | leadingedgematerials.com

TSX.V : LEM OTCQB : LEMIF

emerging materials, expanding markets

Leading Edge Materials Partners With Ångström Advanced

Battery Centre for Natural Graphite Anode Research

Vancouver, Canada – Leading Edge Materials Corp . (“Leading Edge Materials”) or (the Company”)

(TSXV: LEM) (OTCQB: LEMIF) is pleased to anno unce the Company’s participation in a Swedish

Government Funded research project entitled “ Natural Swedish Graphite for Future Lithium Ion

Batteries”.

Leading Edge Materials is a founding participant in the project, along with the Ångström Advanced Battery

Centre (“ÅABC”), Uppsala University, Sweden. The project is focused on the application and optimization

of high purity natural graphite as anode material for lithium ion batteries, using graphite sourced from

Leading Edge Material’s Woxna project in Sweden. Major funding is provided by Vinnova, a Swedish

government agency working under the Ministry of Enterprise and Innovation to promote research

investment.

The Natural Swedish Graphite project brings together a very knowledgeable team with decades of lithium

ion battery research and development experience. Led by Uppsala University’s Professor Kristina Edström,

the ÅABC is the largest battery research group in the Nordic countries with research focused on all aspects

of the chemistry of rechargeable batteries and fuel cells. The total project bu dget is SEK 1.75 million

(approximately CA$270,000) and the project is scheduled to run until Q3 2019.

Professor Kristina Edström stated “ÅABC is looking forward to working with Woxna battery graphite to

develop a superior anode material both technically and environmentally for the future cell manufacturers

in Europe and the world.”

Project aims include:

 The manufacture of natural graphite powder with optimized particle size distribution and shape

to facilitate rapid lithium movement;

 Optimization of the natural graphite purification process with as low environmental impact as

possible;

 Testing of graphite electrodes using new processes and binders for commercialization;

 Development of polymeric composites that withst and long term exposure to high temperatures

and humidity by using graphene as diffusion barrier.

Blair Way, President and CEO, stated “The Ångström Centre is highly regarded globally with many decades

of lithium ion battery research and development. We are very pleased to have the opportunity to work

with Professor Edström and her team on the furthe r development of natural graphite from Woxna for

high value anode materials.”

On behalf of the Board,

"Blair Way"

Blair Way, President & CEO

For further information, contact: 1.604.685.9316

or [email protected]

www.leadingedgematerials.com

About Leading Edge Materials

Leading Edge Materials was formed with our sights firmly focused on the material demands of a once-in-a-generation

revolution, as the world shifts to the efficient production , storage and preservation of low carbon energy. From the

lithium batteries in our electric vehicles to our ability to generate energy from the sun, wind and waves LEM is focused

on the green energy markets. With a focus on Europe an d assets in innovation-rich Scandinavia, Leading Edge

Materials is ideally placed to play a pivotal role in the sustainable supply of critical technology materials.

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About Ångström Advanced Battery Centre (ÅABC),

The Ångström Advanced Battery Centre is the largest batte ry research group in the Nordic region and is led by

Professor Kristina Edström, Uppsala University in Uppsula. The lab has all necessary equipment for available for the

project including furnaces for purification, mills for powder processing, microscopes (SEM and TEM), spectroscopic

methods, XRD, a small pilot line for electrode production and battery manufacturing, and more than 200 channels

for cycling batteries testing. The group can manufacture battery cells ranging from button cells, Swagelock cells,

pouch cells to 18560 size battery cells. ÅABC battery group recently received SEK 27 million from the Battery Fund,

a research and development program focused on battery reuse and recycling, and on vehicle batteries, run jointly by

the Swedish Energy Agency and the Swedish Environmental Protection Agency.

About Vinnova

Vinnova is a Swedish government agency working under the Ministry of Enterprise and Innovation and acts as the

national contact agency for the EU Framework Program for R&D. They promote sustainable growth by funding needs-

driven research and stimulating collaborations between companies, universities, research institutes and public sector.

The TSX Venture Exchange nor its Regulati on Services Provider (as that term is defined in the policies of the TSX

Venture Exchange), accept responsibility for the adequacy or accuracy of this news release.

The qualified person as defined in National Instrument 43-101 for the Woxna project, Blair Way, President, Chief

Executive Officer and a director of the Company, and a Fellow of the Australasian Institute of Mining and Metallurgy,

has reviewed and verified the contents of this release.

Forward-Looking Information. This news release may contain forward-looking statements and information based

on current expectations. These statements should not be read as guarantees of future performance or results. Such

statements involve known and unknown risks, uncertainti es and other factors that may cause actual results,

performance or achievements to be materially different from those implied by such statements. Such statements

include but are not limited to, the Company’s expectations regarding development and graphite production at Woxna,

the Company’s preliminary economic assessment on Woxna is no longer current or valid as a result of the filing of a

new NI 43-101 Technical Report effective March 24, 2015, and the Company has no plans to complete a new

preliminary economic assessment, a pre-feasibility or feasibilit y study on the project, as such there is an increased

risk of technical and economic failure for the Woxna graphite project; unexpected geological conditions; exploration

activities to advance other critical material projects of the Company for energy storage markets, delays in obtaining

or failure to obtain necessary permits and approvals from government authorities. Al though such statements are

based on management's reasonable assumptions, there ar e risk factors which could cause the Company's actual

results, performance or achievements to be materially different from any future results, performance or achievements

expressed or implied by the forward-lo oking information contained herein. All forward-looking information herein is

qualified in its entirety by this cautionary statement, an d the Company disclaims any obligation to revise or update

any such forward-looking information or to publicly announce the result of any revisions to any of the forward-looking

information contained herein to reflect future results, events or developments, except as required by law.